Bioelectronics Corp (BIEL)

[Daytime_Lantern]

If BIEL have proof that the FDA is illegally stonewalling them, then they have legal redress in their favor. I have posted a similar take on this situation before, and have gotten excuses why BIEL won't take the FDA to court, if they are committing the aforementioned shenanigans. The favorite excuse is, a court exercise can be expensive, and BIEL is essentially broke. That maybe technically true, but, IMO, if BIEL wanted to get the funds to wage a court battle, they could do so. By the way, my position regarding BIEL acquiring funds to advertise, if they really wanted to is unequivocal. To put the 'BIEL is too broke to go to court' device to rest, once and for all, is to cite contingent fee lawyering. Of course, this option is definitely available for BIEL, if they have the need to go that rout, and if they sincerely wanted to take the FDA to court. What it really comes down to is BIEL's management is defective and possibly corrupt, in so many ways, IMO. So, so, so, unfortunate for all of us shareholders!!

GLTA!!!